Traditional IRA contributions can be tax deductible or partially tax deductible based on MAGI. In 2014, an individual with a MAGI of up to $70,000 is eligible for at least partial deductibility. There are no income limits on who can contribute to a traditional IRA.
When the water heater breaks / leaks whatever the pressure tank is going to loose pressure telling the pump to come on and the pump will run continually as it can not build pressure to shut it off.
In this case the water heater shut off valve is the most common source of this problem. 1  Verify the shut-off valve is completely open. For safety, each water heater includes a shut-off valve to use in case of emergencies.  If the valve is shut even slightly, this can affect your water pressure.